US stocks slip as S&P 500, Nasdaq end six-day winning streaks on weak housing data
Wall Street’s main indexes slipped on Friday following the S&P 500 and the Nasdaq’s six-day winning streaks after a spate of encouraging economic data allayed recession worries, while weak housing data dampened sentiment. Equities came under pressure a bit after data showed U.S. single-family homebuilding fell sharply in July, suggesting that the housing market remained…
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